Latest Venezuela OPEC News
- Escape From Desiderata 24 Jul 2008 08:00 GMT
... surplus will actually occur and that the OPEC countries will not cut back on their ... strengthens potential adversaries of many stripes overseas. Venezuela has already spent $3 billion on Russian armaments, and is reportedly trying to buy ...
- Riding out the 'oil crisis' 23 Jul 2008 23:17 GMT
... At that time, public opinion had written OPEC off as a failed cartel due to ... oil to increase development. Witness Egypt and Venezuela reducing their subsidy for their population by 40 percent - according to Morgan ...
- Oil prices continue slide amid worries over US demand 23 Jul 2008 23:16 GMT
... results, when the company incurred a $4.5bn charge related to its former assets in Venezuela. The Houston-based firm said net income rose to $5.44bn for the April-June period from ...
- Gas crisis from 1970s has lessons for today 23 Jul 2008 19:28 GMT
... in the '70s the fuel crunch was OPEC's first show of real strength, he said, ... East and with other oil producers -- Venezuela and Russia," he said. The scarcity of oil nearly 40 years ago caused American politicians ...
- Increasing Associated Gas Utilization in Russia Requires Comprehensive Measures, GGFR Study Shows 23 Jul 2008 18:56 GMT
... world include: Russia, Nigeria, Iran, Iraq, Angola, Venezuela, Qatar, Algeria, the United States, Kuwait, China, Indonesia, Kazakhstan, Equatorial Guinea, Libya, Brazil ... ENI, ExxonMobil, Marathon Oil, Shell, StatoilHydro, TOTAL; OPEC Secretariat, European Union, the World Bank and ...
- Many factors set oil prices 23 Jul 2008 11:28 GMT
... not set the price per barrel, with OPEC no longer having full control. Smaller price ... (outside of China, of course)? Saudi Arabia, Venezuela and even Russia stand out due to their oil supplying their own country and exportation. It ...
- The Next Big Venture Captialism? 23 Jul 2008 10:19 GMT
... growing inventories, and the prospect of rising non-OPEC production, sent prices down. That was enough ... 2002 to $60 billion in 2006) and Venezuela (from $21 billion to almost $50 billion over the same period). But there are ...
- Why gold and silver are table-thumping buys 23 Jul 2008 09:32 GMT
... at worst outright hostile to them. Russia, Venezuela and Iran are some of the more glaring examples of this. Israel's recent threats to attack ... is unlikely to be repeated to disempower OPEC and these strategic competitors. Indeed, mother nature's ...
- Chavez Offers His Hand and Heart // Politics (Jul 23, 2008) 23 Jul 2008 09:17 GMT
... received Venezuelan President Hugo Chavez in Meiendorf Castle and, several hours later, Chavez met with Prime Minister special ... decision has been made on a gas OPEC, but it would be wrong to think ...
- Venezuela needs Russia for protection, says Chávez 23 Jul 2008 07:30 GMT
... Venezuelan President Hugo Chávez, center, speaks with Russia's Prime Minister Vladimir Putin, left, ... of gas-exporting countries — a proposed natural-gas OPEC — could be finalized in Venezuela in ...
- Russia trumpets closer links with Venezuela's Chávez 23 Jul 2008 07:08 GMT
... of Russia yesterday hailed closer ties with Venezuelan socialist leader Hugo Chávez, overseeing energy deals bringing the two key oil ... the world's No. 2 oil exporter, and OPEC member Venezuela also agreed to cooperate on ...
- Energy sector breathes easier as Dolly heads to border 23 Jul 2008 07:06 GMT
... the World Bank, fuel subsidies paid by Venezuela to keep energy prices affordable account for ... The Paris-based International Energy Agency and the Organization of the Petroleum Exporting Countries issued reports last week adjusting their outlook ... in 2009 than in 2008. IEA and OPEC economists see the tough growth climate in ...
- Moscow trumpets close ties with Venezuela's Chavez 23 Jul 2008 06:36 GMT
... Moscow trumpets close ties with Venezuela’s Chavez Published: Wednesday, 23 July, 2008, 08:17 ... hailed closer relations with Venezuela’s socialist leader Hugo Chavez, signing a raft of business deals bringing the two key oil producers and rivals ... a world currency,” Chavez said. “We in Opec have proposed to put an end to ...
- Petrol price cut possible 23 Jul 2008 04:53 GMT
... price was reduced by 10 c/l. The Opec Reference Basket of 13 crude oils saw ... Light (Saudi Arabia), Murban and BCF 17 (Venezuela). South Africa's international petroleum product prices are closely correlated with the ...
- Signs of Intelligent Life Discovered in Washington 23 Jul 2008 04:53 GMT
... Saudi Arabian oil altogether. Another 10 percent and we can end oil imports from Venezuela. Gradually, we can stop buying OPEC oil on the world oil market completely. And what do you think will happen ...
- Dad's ÔTear down that wall' quote should extend to energy 23 Jul 2008 04:46 GMT
... Prague, Czech Republic - I'm in Europe to join ... tell the sheiks and the rest of OPEC that their days of gouging the American ... rich Arab sheikdoms and the likes of Hugo Chavez. Today we are denied the huge benefits of our own oil riches because the ...
- Perriello v. Goode: Virginia's Fifth Congressional District 23 Jul 2008 03:55 GMT
... be free of foreign fossil fuel. Freedom from the Middle Eastern sheiks, Nigeria, and Venezuela is necessary for a continued bright future for our country. We cannot allow OPEC to control our energy supply. The United States must develop various alternative fuel sources. ...
- Venezuela offers Russia strategic alliance against US 23 Jul 2008 03:54 GMT
... Venezuela offers Russia strategic alliance against US Speaking during a two-day visit to ... gas producers similar to the oil cartel, Opec, had not been abandoned. During his stay ...
- Russia trumpets ties with Chavez 23 Jul 2008 02:51 GMT
... armed forces want to be present in Venezuela, they will be given a warm welcome," Chavez ... the world's No. 2 oil exporter, and OPEC member Venezuela also agreed to cooperateon global ... missiles, tanks and diesel submarines. He said Caracas was already closing a deal with Moscow on delivery of Russian Sukhoi Su-30 fighter jets, ...
- Venezuela and Russia to coordinate on energy 23 Jul 2008 01:13 GMT
... to work on this, together with the Venezuelan president." Medvedev said it was still possible that Russia could join with Venezuela ... nations to form a cartel similar to OPEC, a concept that has been under discussion ...
- 09:25am Russia trumpets ties with Chavez 22 Jul 2008 23:32 GMT
... armed forces want to be present in Venezuela, they will be given a warm welcome," Chavez ... the world's No. 2 oil exporter, and OPEC member Venezuela also agreed to cooperateon global ... missiles, tanks and diesel submarines. He said Caracas was already closing a deal with Moscow on delivery of Russian Sukhoi Su-30 fighter jets, ...
- Angry at Bush, Russia considers closer Venezuela, Cuba ties 22 Jul 2008 23:11 GMT
... Angry at Bush, Russia considers closer Venezuela, Cuba ties MOSCOW — Amid talks about ... billion-dollar arms purchase from Russia, Venezuelan President Hugo Chavez said Tuesday that he wanted the two nations to become strategic partners to ensure "Venezuela's ... of gas-exporting countries — a proposed natural-gas OPEC — could be finalized in Venezuela in ...
- Russia, Venezuela strengthen energy ties 22 Jul 2008 22:51 GMT
... Leading oil and gas producers Russia and Venezuela will coordinate energy policies, Russian President Dmitry ... said Tuesday after meeting his Venezuelan counterpart Hugo Chavez. The talks at Medvedev's residence outside Moscow ... billion dollars (630 million euros). Moscow and Caracas have already signed four billion dollars (2.5 ...
- Chavez calls for Russia alliance 22 Jul 2008 22:50 GMT
... GMT, Tuesday, 22 July 2008 23:20 UK Hugo Chavez has called for a strategic alliance with ... a strategic alliance with Russia to protect Venezuela from the US. The Venezuelan president's call ... Venezuelan president's call came as Moscow and Caracas agreed to extend bilateral co-operation on energy. ...
- McCain ad on oil prices ignores facts: Eye on Ohio 22 Jul 2008 21:48 GMT
... in oil-producing countries such as Nigeria and Venezuela. He said that while there's no one "silver bullet" to bring prices down, an increase ... seven years. And other factors -- speculators, OPEC, geopolitical forces -- might still affect prices. ...
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